Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
NRC EUROPE from Brussel, company number BE0876496354, closed financial year 2025 with a result of € 0 after tax. Compared with financial year 2024, the result moved from € 0 to € 0. Around break-even. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 39,702
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
€ 179,953
▲ 222% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
18
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 11% vs 2024
€ 154,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,552
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 22,511
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 422,495
▲ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,505,326 | € 2,197,284 | € 2,515,378 | - | |
| Equity | € 39,702 | € 39,702 | € 39,702 | € 39,702 | |
| Total debts | € 4,611,006 | € 3,874,693 | € 285,843 | € 445,452 | ▲ 56% |
| Cash | € 2,178,822 | € 84,770 | € 55,818 | € 179,953 | ▲ 222% |
| Retained profit | € 39,702 | € 39,702 | € 39,702 | € 39,702 | |
| Balance sheet total | € 4,650,708 | € 3,914,395 | € 325,545 | € 485,154 | ▲ 49% |
| Employees (FTE) | 14.9 | - | - | 18 |
Key figures of NRC EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NRC EUROPE?
What happened at NRC EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAGNHILD VASSET stepped down as director. NBB
- EDOUARD RODIER stepped down as director. NBB
- CAMILLA WASZNINK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 0. filed late Source: NBB ↗
- OLAV LISLE GEIR stepped down as director. NBB
- MAGNHILD VASSET became a director. NBB
- EDOUARD RODIER became a director. NBB
- CAMILLA WASZNINK became a director. NBB
In short
From € 0 profit in 2022 to € 0 profit in 2025.
On average € 101,000 of value added per employee in 2022.
Pays suppliers within 39 days on average.
Management
Behind NRC EUROPE is FIDUCIAIRE AB'AK SRL.
Directors
According to the 2025 annual accounts
Autre fonction · represented by TURKAN AK
OLAV LISLE GEIR
Director
since 2020 · until 2026
MAGNHILD VASSET
Director
since 2022 · until 2028
since 2022 · until 2028
CAMILLA WASZNINK
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
de Meeûssquare 35
1000 Brussel
Wetstraat 42
1000 Brussel
Active since 1 July 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0876.496.354
- VAT number
- BE 0876.496.354
- Registered office
- de Meeûssquare 35, 1000 Brussel
- Names & denominations
- NRC EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 5 October 2005
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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